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Oil prices settle at $68 a barrel
Jun 15 2007 11:14PM (CT)
NEW YORK (AP) - Crude oil futures settled at $68 a barrel on Friday, their highest close since September, while gasoline futures extended their rally, raising the prospect that prices at the pump will stabilize and possibly even rise after falling for several weeks.
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Pearson reportedly eyeing Dow Jones
Jun 15 2007 11:13PM (CT)
NEW YORK (AP) - Pearson PLC, publisher of the Financial Times, is trying to rally partners for a possible bid to rival Rupert Murdoch's $5 billion offer for Wall Street Journal publisher Dow Jones & Co., the Journal reported Friday.
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New menus, ads crown Burger King rebound
Jun 15 2007 11:11PM (CT)
MIAMI (AP) - In a new television ad, Sean "Diddy" Combs, seeking a late-night snack, visits the mansion of Burger King's chief executive. The CEO _ an actor, not current chief executive John Chidsey _ takes the hip-hop mogul and his entourage to a Burger King and opens it, just to satisfy their appetite.
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Credit cards cut off gas purchases
Jun 15 2007 10:41PM (CT)
CHARLOTTE, N.C. (AP) - So you're at the gas station filling up your vehicle, and without warning the gas pump shuts off. What? The tank isn't full, and you know your credit card isn't over its limit.
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Bernanke: Banks still big credit players
Jun 15 2007 5:32PM (CT)
WASHINGTON (AP) - Banks play an important, though perhaps somewhat diminished, role in providing credit as consumers and businesses increasingly turn to other financial players, Federal Reserve Chairman Ben Bernanke said Friday.
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Bernanke: Banks still big credit players
Jun 15 2007 5:32PM (CT)
WASHINGTON (AP) - Banks play an important, though perhaps somewhat diminished, role in providing credit as consumers and businesses increasingly turn to other financial players, Federal Reserve Chairman Ben Bernanke said Friday.
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Bond prices regain solid footing
Jun 15 2007 4:11PM (CT)
NEW YORK (AP) - A tame consumer inflation report boosted U.S. Treasury bond prices Friday after sharp losses this week.
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Penn National agrees to $6.1B buyout
Jun 15 2007 4:05PM (CT)
PHILADELPHIA (AP) - Racetrack and casino operator Penn National Gaming Inc. said Friday it agreed to be acquired by funds managed by two investment companies for about $6.1 billion in cash.
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Winnebago 3Q profit falls 14.4 percent
Jun 15 2007 4:02PM (CT)
DES MOINES, Iowa (AP) - Motor home manufacturer Winnebago Industries Inc. reported Friday its earnings fell 14.4 percent in the third quarter as higher materials and labor costs hurt its profit margins.
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Winnebago 3Q profit falls 14.4 percent
Jun 15 2007 4:02PM (CT)
DES MOINES, Iowa (AP) - Motor home manufacturer Winnebago Industries Inc. reported Friday its earnings fell 14.4 percent in the third quarter as higher materials and labor costs hurt its profit margins.
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Winnebago 3Q profit falls 14.4 percent
Jun 15 2007 4:02PM (CT)
DES MOINES, Iowa (AP) - Motor home manufacturer Winnebago Industries Inc. reported Friday its earnings fell 14.4 percent in the third quarter as higher materials and labor costs hurt its profit margins.
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Winnebago 3Q profit falls 14.4 percent
Jun 15 2007 4:02PM (CT)
DES MOINES, Iowa (AP) - Motor home manufacturer Winnebago Industries Inc. reported Friday its earnings fell 14.4 percent in the third quarter as higher materials and labor costs hurt its profit margins.
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Gold prices rise after inflation reading
Jun 15 2007 3:52PM (CT)
NEW YORK (AP) - Gold and silver prices rose modestly Friday after U.S. government data showed mild consumer-level inflation, which suggested the Federal Reserve is unlikely to raise interest rates.
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EBay eager for more buyers
Jun 15 2007 1:10PM (CT)
BOSTON (AP) - When Pierre Omidyar founded eBay 12 years ago, he wanted to build the world's most efficient marketplace. At the very least, he launched the most comprehensive one. Today eBay Inc. is a conglomeration of Web sites where people sell everything from car parts to carp arts. (What den couldn't use a watercolor of a fish?)
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EBay eager for more buyers
Jun 15 2007 1:10PM (CT)
BOSTON (AP) - When Pierre Omidyar founded eBay 12 years ago, he wanted to build the world's most efficient marketplace. At the very least, he launched the most comprehensive one. Today eBay Inc. is a conglomeration of Web sites where people sell everything from car parts to carp arts. (What den couldn't use a watercolor of a fish?)
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EBay eager for more buyers
Jun 15 2007 1:10PM (CT)
BOSTON (AP) - When Pierre Omidyar founded eBay 12 years ago, he wanted to build the world's most efficient marketplace. At the very least, he launched the most comprehensive one. Today eBay Inc. is a conglomeration of Web sites where people sell everything from car parts to carp arts. (What den couldn't use a watercolor of a fish?)
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EBay eager for more buyers
Jun 15 2007 1:10PM (CT)
BOSTON (AP) - When Pierre Omidyar founded eBay 12 years ago, he wanted to build the world's most efficient marketplace. At the very least, he launched the most comprehensive one. Today eBay Inc. is a conglomeration of Web sites where people sell everything from car parts to carp arts. (What den couldn't use a watercolor of a fish?)
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EBay eager for more buyers
Jun 15 2007 1:10PM (CT)
BOSTON (AP) - When Pierre Omidyar founded eBay 12 years ago, he wanted to build the world's most efficient marketplace. At the very least, he launched the most comprehensive one. Today eBay Inc. is a conglomeration of Web sites where people sell everything from car parts to carp arts. (What den couldn't use a watercolor of a fish?)
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Dollar falls to euro
Jun 15 2007 9:30AM (CT)
BERLIN (AP) - The dollar slid against the 13-nation euro Friday, after Washington reported consumer prices shot up at the fastest pace in 20 months in May.
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Current account trade deficit increases
Jun 15 2007 7:53AM (CT)
WASHINGTON (AP) - The deficit in the broadest measure of trade increased in the first three months of this year, pushed higher by rising oil prices.
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China hopes HK lifts toothpaste recall
Jun 15 2007 6:53AM (CT)
BEIJING (AP) - China is urging Hong Kong to resume the sale of three brands of Chinese toothpaste containing a chemical found in antifreeze, saying the small amounts involved were harmless to people.
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U.S. stocks head toward flat open
Jun 15 2007 6:50AM (CT)
NEW YORK (AP) - Stocks headed for a flat opening Friday ahead of the week's most anticipated economic reading, which Wall Street hopes will help ease inflation concerns that have jolted stock and bond markets in recent sessions.
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Cadbury pleads guilty to contamination
Jun 15 2007 6:25AM (CT)
BIRMINGHAM, England (AP) - Cadbury Schweppes PLC pleaded guilty Friday to three violations of food and hygiene regulations after some of its chocolates were found to be contaminated with salmonella.
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Family sues over tainted peanut butter
Jun 15 2007 5:02AM (CT)
INDIANAPOLIS (AP) - When Krystina Brugh fell ill in January, her parents thought it was the stomach flu. They fed her crackers and her favorite sandwich, peanut butter and marshmallow fluff, to give her strength. She didn't get better. Soon, the 11-year-old couldn't even keep down water, and her kidneys started to fail.
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Hertz, Avis plan to boost hybrid fleets
Jun 15 2007 4:56AM (CT)
NEW YORK (AP) - The increased demand for "green" vehicles is spilling over to the rental car counter, where many more drivers will soon be able to choose a hybrid vehicle. Hertz Global Holdings Inc. said Thursday it will spend $68 million to add 3,400 Toyota Prius hybrids to its fleets by 2008. And Avis Budget Group Inc. said this week it plans to make 1,000 hybrid Prius vehicles available for rent as early as next week.
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Hertz, Avis plan to boost hybrid fleets
Jun 15 2007 4:56AM (CT)
NEW YORK (AP) - The increased demand for "green" vehicles is spilling over to the rental car counter, where many more drivers will soon be able to choose a hybrid vehicle. Hertz Global Holdings Inc. said Thursday it will spend $68 million to add 3,400 Toyota Prius hybrids to its fleets by 2008. And Avis Budget Group Inc. said this week it plans to make 1,000 hybrid Prius vehicles available for rent as early as next week.
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BOJ chief: Rate hike is not imminent
Jun 15 2007 4:53AM (CT)
TOKYO (AP) - The Bank of Japan decided Friday to keep a benchmark interest rate unchanged at 0.5 percent and the central bank's governor hinted that a rate hike may come later than July, quashing speculation for an imminent move.
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BOJ chief: Rate hike is not imminent
Jun 15 2007 4:53AM (CT)
TOKYO (AP) - The Bank of Japan decided Friday to keep a benchmark interest rate unchanged at 0.5 percent and the central bank's governor hinted that a rate hike may come later than July, quashing speculation for an imminent move.
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Ill. slaughterhouse can stay open longer
Jun 15 2007 4:24AM (CT)
CHICAGO (AP) - A federal judge on Thursday extended an order allowing the nation's last operating horse slaughterhouse to remain in business while it challenges a state law that would force it to close.
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Ill. slaughterhouse can stay open longer
Jun 15 2007 4:24AM (CT)
CHICAGO (AP) - A federal judge on Thursday extended an order allowing the nation's last operating horse slaughterhouse to remain in business while it challenges a state law that would force it to close.
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Worst of drought spreading across South
Jun 15 2007 4:11AM (CT)
BIRMINGHAM, Ala. (AP) - The choking drought that's killing crops and turning streams into dusty trails across the Southeast is expanding. Previously limited to the northern half of Alabama, the drought classified as exceptional has grown like an ink blot to extend from eastern Mississippi across Alabama into southeastern Tennessee and northwestern Georgia, government meteorologists said Thursday.
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Texas water marketers see future demand
Jun 15 2007 2:55AM (CT)
LUBBOCK, Texas (AP) - In the five years since billionaire oilman T. Boone Pickens started trying to sell water from beneath the vast empty spaces of West Texas, he hasn't had any customers.
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Super rich seek new heights in pampering
Jun 15 2007 1:36AM (CT)
NEW YORK (AP) - Forget about the $350 stilettos. Shoes with status these days come with $1,000 price tags. And $600 handbags have become so bourgeois. A-listers don't want to be seen with anything costing less than $5,000.
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